Difference between revisions of "Editing the wiki"
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If that address is a coinbase address: 1 year after mining<br> | If that address is a coinbase address: 1 year after mining<br> | ||
Other addresses: 10 years after last output transaction (If there is no output transaction then 10 years after first input transaction) | Other addresses: 10 years after last output transaction (If there is no output transaction then 10 years after first input transaction)<br> | ||
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''Longterm holders of coins should transfer their coins to a new address within 10 years, so they wouldn't become shalecoins. All other coins with no access to the address can't be transacted to a new address and will become shalecoins after 10 years / or after 1 year if it's a coinbase address. Owners of possible computers (https://en.bitcoin.it/wiki/Quantum_computing_and_Bitcoin) with the ability to "hash" the privatekey would use these computers only for shalecoins.'' | |||
Revision as of 14:10, 22 May 2019
Definition of "shalecoin":
Mined coins with no access to the address. (Nobody has the privatekey)
If that address is a coinbase address: 1 year after mining
Other addresses: 10 years after last output transaction (If there is no output transaction then 10 years after first input transaction)
Longterm holders of coins should transfer their coins to a new address within 10 years, so they wouldn't become shalecoins. All other coins with no access to the address can't be transacted to a new address and will become shalecoins after 10 years / or after 1 year if it's a coinbase address. Owners of possible computers (https://en.bitcoin.it/wiki/Quantum_computing_and_Bitcoin) with the ability to "hash" the privatekey would use these computers only for shalecoins.